Gold Fixed Term Deposit
Grow your savings with secure returns, flexible terms and special rates. Exclusive for customers aged 50 and over.
Key features
Invest with as little as $5,000
Competitive fixed interest rates
6-24 month terms available
Choose your interest payment - fortnightly, monthly or at the end of the term.
Fees and requirements
$30 annual membership fee
$5,000 minimum start balance
Aged 50+
Rates
$5,000 to $24,999
4.25
%p.a. 6 month interest rate*
$25,000 to $49,999
4.35
%p.a. 6 month interest rate*
$50,000+ 1
4.45
%p.a. 6 month interest rate*
Want to know more about our Gold Term Deposit? Contact us, we’re happy to help.
*Rates quoted apply to individual deposits only. Interest rates shown are per annum (p.a.).
Gold Benefits Club membership required with a $30 annual fee.
Rates and acceptance of deposits over $500,000 by negotiation.
Early redemption for fixed term deposits is at Coastline's discretion and will incur penalty interest of 1.00% p.a. (penalty interest rate is subject to change without notice)
Conditions of use | Schedule of fees and charges | Financial services guide | Summary of accounts | Deposit interest rate sheet | Target market determination
Here to help
Retirement is an exciting chapter in life, offering the chance to live on your terms. But let’s face it, managing your money effectively is crucial to really enjoy this time. Whether you’re just stepping into retirement or looking to fine-tune your finances, these tips will help you create a comfortable retirement, stretch those savings further, and keep you feeling fulfilled.
- Learn more
Retirement is an exciting chapter in life, offering the chance to live on your terms. But let’s face it, managing your money effectively is crucial to really enjoy this time. Whether you’re just stepping into retirement or looking to fine-tune your finances, these tips will help you create a comfortable retirement, stretch those savings further, and keep you feeling fulfilled.
- Learn more
Are you looking for a safe and effective way to grow your savings? Fixed term deposits might be the perfect solution. With their stability, predictable returns, and security, they offer a reliable option for both new and seasoned savers. In this article, we’ll explore five reasons to choose a Fixed Term Deposit to grow your savings - and how they benefit your finances.
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FAQs
The Gold Benefits Club is exclusively designed for Coastline customers aged 50 and over. For a $30 annual fee, you’ll have access to a variety of privileges, including:
- bonus interest rates on term deposits
- discounted rates on select loans
- reduced premiums on home, contents, and vehicle insurance
- access to special offers.
You’ll also receive invites to exclusive financial well-being seminars tailored to getting the most out of your 50s and beyond. Join today to take advantage of these valuable benefits!
The Gold Benefits Club is exclusively designed for Coastline customers aged 50 and over. For a $30 annual fee, you’ll have access to a variety of privileges, including:
- bonus interest rates on term deposits
- discounted rates on select loans
- reduced premiums on home, contents, and vehicle insurance
- access to special offers.
You’ll also receive invites to exclusive financial well-being seminars tailored to getting the most out of your 50s and beyond. Join today to take advantage of these valuable benefits!
Interest is calculated on your deposit amount and is paid fortnightly, monthly or at the end of the term. The rate is fixed for the duration of your term, so you’ll know exactly how much interest you’ll earn.
Our Gold Term Deposit has a low $30 annual fee.
At the end of the term, you can choose to:
- transfer your deposit amount and earned interest to your nominated account.
- reinvest in another Fixed Term Deposit.
Early withdrawal is generally not allowed without incurring a penalty. It’s better to consider your financial situation and short and long-term goals when choosing a term.
If you need to withdraw your term deposit funds due to unexpected financial stress, contact us, and we’ll talk to you about your options.
MyCOAST App
Experience the freedom and convenience of managing your money anywhere, anytime with the MyCOAST Mobile Banking App. Whether you’re on a coffee break, at home, or travelling our app is designed to keep you connected to your finances.
Download the app.
For 50's and over
General advice warning
This advice has been prepared without taking your objectives, financial situation, or needs into account. Before acting on this advice, you should consider whether it is appropriate for your circumstances. For more details, access the relevant Product Disclosure Statements, Target Market Determinations or Financial Services Guides under 'Important information' on our product pages.
All loan applications are subject to credit approval. Interest rates may vary, and fees and charges could apply.